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Latest News on Fiscal Consolidation
Showing of 0 - 10 from 57 results
Fiscal Consolidation - Total results - 57
Jan 08, 2020
With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common manThe GDP can’t be taken as just another routine economic data government puts out; it is a vital summary of the real economic activity on the ground
Jul 24, 2019
Why Kaushik Basu’s assessment on GDP debate and his prescription to cure economic slump are confusingSubramanian, after analysing 17 major economic indicators, also said that the weakness seen in the economy after 2011-12 didn’t correlate with the high GDP numbers reported under the new series.
Jul 10, 2019
Union Budget 2019 outlines reforms to support economy, but lacks plan for fiscal consolidation: Fitch RatingsIndia's budget outlined some reforms that could support the economy, but its fiscal stance was left broadly unchanged with no plans for meaningful consolidation, Fitch Ratings said on Wednesday
Feb 06, 2019
Govt expects 7.5% GDP growth in FY20, up from 7.2% in FY19; 4% inflation, says economics secretary SC GargThe past five years have seen India being universally recognised as a bright spot of the global economy, said S C Garg
Feb 28, 2018
GDP data key highlights: India's economy grows at 7.2% in third quarter; a booster shot for Narendra Modi govtA strong GDP reading could lift domestic shares, and boost the rupee, which has been Asia’s second weakest currency this year, losing about 1.6 percent against the dollar.
Feb 06, 2018
Task to strengthen public finances left to next govt after 2019 elections: Fitch RatingsThe target for current fiscal was missed largely because of higher expenditure, Fitch said.
Feb 05, 2018
Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody'sMoody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile
Feb 02, 2018
Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal pathMoody's on Thursday said fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.
Jan 18, 2018
Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche BankFY19 Union Budget to be announced on 1 February is expected to be a populist and to propose more spending towards social sectors
Jan 12, 2018
Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistakeThe additional spending, if directed to kickstart economic engines, can work well to regain the growth momentum, even at the cost of a one-off fiscal slippage